Savings Accounts News
The latest savings accounts news and tips
Liz Seatter
Senior Finance Writer
Westpac the last of the big four to cut savings rates
Australia’s second largest bank, Westpac, has this afternoon announced it will cut savings rates between 0.05 and 0.25 per cent, effective from Tuesday next week.
Savings Accounts
13 Mar, 2020
2 min read
Alex Ritchie
Personal Finance Editor
NAB and ANZ take the knife to savings rates post RBA cut
Australia’s 3rd and 4th largest banks, NAB and ANZ, have today dropped interest rates on savings accounts on the back of this month’s cut to the cash rate.
Savings Accounts
13 Mar, 2020
3 min read
Liz Seatter
Senior Finance Writer
Regular savers take the fall as CBA cuts bonus rates
Australia’s biggest bank, CBA, has today cut interest rates on some savings accounts by up to 0.30 per cent on the back of last week’s cut to the cash rate.
Savings Accounts
09 Mar, 2020
3 min read
Alison Cheung
Finance Writer
Australians becoming more anxious about their finances
Financial wellbeing among Australians is suffering amidst mounting concerns over retirement plans, mortgages and personal debts.
Savings Accounts
26 Feb, 2020
4 min read
Alex Ritchie
Personal Finance Editor
5 easy ways to save hundreds by Christmas
Here are a few ways you can inject some extra cash into your savings account this holiday season.
Savings Accounts
25 Nov, 2019
3 min read
Alex Ritchie
Personal Finance Editor
Looking to get cash out? Over 1000 ATMs cut across Australia
With the growing interest in online banking services, it may not be surprising to learn that the number of ATMs and branches is shrinking.
Savings Accounts
29 Oct, 2019
4 min read
Laine Gordon
Money Editor
Westpac the last of the big four to cut
Westpac has today dropped the interest rate on its savings accounts; the last of the big four banks to pass on cuts to savers this month.
Savings Accounts
16 Oct, 2019
4 min read
Alex Ritchie
Personal Finance Editor
Savers suffer as big banks cut bonus rates
ANZ and NAB have today cut the interest rates on their savings accounts on the back of last week’s cut to the cash rate, affecting millions of customers.
Savings Accounts
11 Oct, 2019
4 min read
Mark Bristow
Personal Finance Editor
Savings Slump: Westpac cuts up to 0.10% off savings account interest rates
Westpac group has today cut savings rates by up to 0.10 per cent even though the RBA left rates on hold last month. Australia’s second largest bank now has a max savings rate of 1.91 per cent, for just five months.
Savings Accounts
20 Sep, 2019
2 min read
Alex Ritchie
Personal Finance Editor
Resuscitate your nest egg with these simple tips
Aussies will certainly be feeling the pinch as financial institutions slash savings and term deposit rates to record-lows. Here are a few simple steps you can follow to help boost your nest egg.
Savings Accounts
16 Sep, 2019
5 min read
Mark Bristow
Personal Finance Editor
How to find a bank account that rewards you
If you want a simple way to earn a little money on your savings, what should you look for when choosing a bank account?
Savings Accounts
09 Aug, 2019
3 min read
Laine Gordon
Money Editor
CBA cuts savings rates by up to 0.25 per cent
Australia’s largest bank, CBA, has reduced its savings rates by up to 0.25 per cent. This means all four big banks have now cut their savings rates following the July RBA cash rate cuts.
Savings Accounts
23 Jul, 2019
3 min read
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Personal Finance Editor
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Some of the top-rated savings accounts in October 2024
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